Skip to main content

Ethiopia awards road construction projects

The Ethiopian Roads Authority (ERA) has awarded US$1107 million of road construction projects to China Hunan Hunda Road & Bridge Construction and Spanish company UTE Elsamex. UTE Elsamex will upgrade 63.3 kilometres of gravel road to asphalt concrete; the total cost of US$60 million will be covered by a loan from the International Development Association (IDA) of the World Bank (WB). The project will also include three bridges 10 to 30 metres high, 35 drainage systems and other structural works and is
October 28, 2014 Read time: 1 min
The Ethiopian Roads Authority (ERA) has awarded US$1107 million of road construction projects to China Hunan Hunda Road & Bridge Construction and Spanish company UTE Elsamex.

UTE Elsamex will upgrade 63.3 kilometres of gravel road to asphalt concrete; the total cost of US$60 million will be covered by a loan from the International Development Association (IDA) of the World Bank (WB).

The project will also include three bridges 10 to 30 metres high, 35 drainage systems and other structural works and is expected to be completed within three years.

Related Content

  • World Bank funding to accelerate highway development in India
    November 1, 2013
    The World Bank has approved a US$500 million loan for the National Highways Interconnectivity Improvement Project in India to improve the national highway network’s connectivity with economically deprived and remote areas. The project will focus on three low-income states, Rajasthan, Bihar and Orissa, and on less developed regions in Karnataka and West Bengal.
  • Cambodia's first commercial train begins operation
    January 2, 2013
    After years of renovation, Cambodia's modern railway system has commenced commercial rail operations on the 256 km southern line between the capital city of Phnom Penh and Sihanoukville Port. The renovation was carried out with financial support from the Asian Development Bank (ADB) and development partners. "ADB welcomes this first commercial train service to the Port of Sihanoukville which marks a significant development towards the completion of the long-awaited Pan-Asian railroad - a contiguous Iron Sil
  • Ohio kicks off US$2.5 billion highway construction season
    April 11, 2014
    The Ohio government recently outlined the scope of the 2014 highway construction projects to be financed with funds borrowed against future Ohio Turnpike tolls. In total, 936 projects are planned at an estimated cost of US$2.5 billion. Planned projects include the widening of a section of I-75, a three-year project expected to cost about US$260 million, plus a US$28 million reconstruction of part of I-75, US$31 million in improvements to I-475/US 23 in Toledo's western suburbs, and the US$18 million McCo
  • Peru lands second metro loan
    December 11, 2014
    Peru has secured additional funding for its US$5.8 billion Lima metro line No.2 project, which is due to be completed by 2020. Just a day after receiving a US$750 million from the Inter-American Development Bank (IDB), Caracas-based lender CAF agreed to lend a further US$150 million, the third loan it has granted the initiative. "This approval complements the support CAF has been providing Peru in the search for urban transport solutions," CAF president Enrique García said in the statement. The L